GDP

The Bank of England (BoE) has voted unanimously to increase its purchase of UK government bonds by £150bn and to maintain rates at 0.1%, shunning rumours of a move towards negative interest rates.

UK gross domestic product (GDP) contracted in the second quarter for the first time since 2012, the Office for National Statistics said in its latest report, meaning the UK is only one negative quarter away from a recession.

The Treasury Committee has written to the Financial Conduct Authority (FCA) to ask for publication of analysis on the impact leaving the European Union is likely to have on the regulator.

The Office for Budget Responsibility (OBR) has revised up the UK's GDP growth forecast for 2018 in today's inaugural Spring Statement, while forecasting inflation will fall to 2% by the end of 2018.

The UK economy beat forecasts to grow by 0.4% in Q3, according to the latest figures from the Office for National Statistics (ONS), further increasing the likelihood of a Bank of England interest rate rise next Thursday.

Andrew Milligan takes a look at the macro-economic environment and how it could develop.

Policy changes will result in an extra three million retirees on inadequate incomes by 2060 on top of the 12.2 million already forecast, according to research.

Markets and sterling fall

The International Monetary Fund (IMF) has revised down its forecast for global growth to 3.1% as economies feel the effect of low commodity prices and China's economic slowdown.

PP looks at a decade of cuts, as the government looks at a complete overhaul